Tag Archives: Forecast

(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that the chipmaker continues to make strides in its most lucrative market: data-center processors. Most Read from Bloomberg AMD predicted second-quarter sales of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. That helped send the shares up as much as 8.3% in late trading Tuesday. The outlook helped allay concerns that the chip market is slowing — and… Source link

Shares of Amazon (AMZ) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-person activities. The company also reported a loss on its investment in electric-vehicle maker Rivian Automotive. Amazon was the last of Big Tech names to unveil quarterly earnings this reporting season. The tech behemoth’s cloud-computing platform Amazon Web Services (AWS) was a bright spot… Source link

U.S. stocks were little changed Tuesday as investors processed a deluge of earnings reports and a revised forecast from the International Monetary Fund (IMF) indicating the global economy is set to “slow significantly” amid Russia’s invasion of Ukraine. The S&P 500 and Nasdaq each opened near the flatline after both indexes settled at one-month lows at the end of Monday’s session. The Dow Jones Industrial Average also hovered around breakeven. Meanwhile, Treasury yields continued their climb,… Source link

New Jersey, USA,-This report is a comprehensive research study of the global Semantic Knowledge Graphing market, taking into account growth factors, recent trends, developments, opportunities and competitive environment. Market analysts and researchers have performed an extensive analysis of the global Semantic Knowledge Graphing market with the help of research methodologies such as Pestle and Porter’s Five Forces Analysis. They are providing accurate and reliable market data and useful… Source link

(Bloomberg) — Microsoft Corp. shares rose in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Most Read from Bloomberg Earlier, Microsoft had reported quarterly sales that topped $50 billion for the first time and profit that exceeded analysts’ estimates, fueled by cloud, gaming and Windows software. Still, Azure revenue decelerated from recent… Source link

New Jersey, United States,- The latest report published by Verified Market Reports shows that the Visual Regression Testing Market is likely to garner a great pace in the coming years. Analysts examined market drivers, confinements, risks and openings in the world market. The Visual Regression Testing report shows the likely direction of the market in the coming years as well as its estimates. A close study aims to understand the market price. By analyzing the competitive landscape, the… Source link

Global Zero Trust Market 2021-2025 The analyst has been monitoring the zero trust market and it is poised to grow by $ 25774. 05 million during 2021-2025, progressing at a CAGR of 17. New York, Jan. 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Zero Trust Market 2021-2025” – https://www.reportlinker.com/p06191385/?utm_source=GNW 54% during the forecast period. Our report on the zero trust market provides a holistic analysis, market size and… Source link

Amazon (AMZN) posted third-quarter results and guidance that fell short of expectations, with Wall Street balking as the e-commerce giant forecasted billions of dollars in additional costs heading into the holiday shopping season.  The announcement sent Amazon shares tumbling immediately following the report. However, at least one analyst suggested Amazon’s heavy spending is yet another sign that the company is remaining laser-focused on investing for the future — even if it means giving… Source link

(Bloomberg) — Advanced Micro Devices Inc. gave a strong forecast indicating that market share gains, particularly in servers, are helping it make up for a tight supply of chips. Fourth-quarter revenue will be about $4.5 billion, plus or minus $100 million, Santa Clara, California-based AMD said Tuesday in a statement. That compares with an average analyst estimate of $4.25 billion. The chipmaker is on course to exceed an earlier forecast and post a sales gain of 65% for 2021, it said. Most… Source link

If you thought home prices couldn’t go any higher, hold on to your hat: Goldman Sachs (GS) economists are forecasting even more price increases in the year ahead. “Our model now projects that home prices will grow a further 16% by the end of 2022,” wrote a Goldman Sachs team of economists led by Jan Hatzius in a recent note. “Of all the shortages afflicting the U.S. economy, the housing shortage might last the longest,” he said.  Home prices are currently up 20% year-over-year. The boom in… Source link